Federal Reserve Rate Cuts Unlikely Until June, Say Wells Fargo Economists – Here’s Why

Wells Fargo economists say the Federal Reserve is unlikely to cut interest rates before June following stronger-than-expected labor data and cooling inflation. The bank points to January payrolls rising by 130,000, topping expectations and lifting the three-month average to 73,000, while the unemployment rate fell to 4. 3% source: https://dailyhodl.com/2026/02/20/federal-reserve-rate-cuts-unlikely-until-june-say-wells-fargo-economists-heres-why/